BEIJING, Sep. 10, 2010 (Xinhua News Agency) -- China Life Insurance (LFC.NYSE; 02628.HK; 601628.SH) will focus on insurance products that could provide death, old-age and medical protection in the future, said Wan Feng, president of China Life, on Thursday.
As the population in China is aging, the old-age insurance market will have great potential. China Life would also focus on the old-age insurance market, said Wan.
Su Hengxuan, vice president of China Life, said that the insurer would also boost the insurance policies with installment payments, in order to restructure its business. (Edited by Jiang Yujuan, jiangyj@xinhua.org)